Moody’s revises Ferroglobe’s outlook to negative, affirms B2 rating
The transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. Following the reported transactions, Farquhar Scott indirectly holds 38,325 shares of Atlassian Corp through Farquhar Investment Partnership No. 2. Despite recent market challenges, the company maintains impressive gross profit margins of 82.84%, reflecting strong operational efficiency. Access more exclusive InvestingPro metrics and insights to make informed investment decisions. Despite recent market challenges, the company maintains impressive gross profit margins of 82.84%, reflecting strong operational efficiency. Access more exclusive InvestingPro metrics and insights to make informed investment decisions.
The transactions were executed under a Rule 10b5-1 trading plan adopted on February 12, 2025. Following the reported transactions, Farquhar Scott indirectly holds 38,325 shares of Atlassian Corp through Farquhar Investment Partnership No. 2.
In other recent news, Atlassian Corporation has announced a significant acquisition of DX, an engineering intelligence platform, for approximately $1 billion in cash and restricted stock. This acquisition is intended to enhance Atlassian’s ability to measure the impact of artificial intelligence on engineering teams, providing data-driven insights into developer productivity and satisfaction. Additionally, Atlassian has acquired The Browser Co. for $610 million, with both deals expected to close by the end of the year. Analyst firms have responded positively, with Bernstein and Mizuho both reiterating an Outperform rating on Atlassian stock, highlighting the strategic nature of these acquisitions.
Cantor Fitzgerald also maintained its Overweight rating, noting the opportunity for Atlassian to transition Data Center customers to its cloud platform. In another development, Atlassian announced the appointment of Jason Warner, an AI entrepreneur, to its Board of Directors, effective October 1, 2025. Warner will replace Heather Mirjahangir Fernandez, who is set to retire from the board on September 30, 2025. These developments reflect Atlassian’s ongoing efforts to expand its capabilities and leadership in the technology sector.
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